Rising vehicle ages are good news for aftermarket parts suppliers like AutoZone, O'Reilly Automotive and Advance Auto Parts.
In total, S&P Global Mobility reports there are more than 284 million vehicles in operation on U.S. roads. That's up slightly from 283 million in 2022.
Cars, trucks, SUVs, and other vehicles drive in traffic on the 405 freeway through the Sepulveda Pass in Los Angeles, California, on August 25, 2022.DETROIT — The average age of passenger vehicles on U.S. roadways climbed to a record this year, as car owners hold on to their vehicles longer amid low supplies of new vehicles and
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